By Leah Krauss Dec 30, 2006, 6:36 GMT
Source: © 2006 by United Press International
http://news.monstersandcritics.com/energywatch/renewables/features/article_1238131.php/Solar_World_A_sunny_2006_for_solar
TEL AVIV, Israel (UPI) — The past year has seen landmark legislative support for solar in the United States; testing on the world`s largest solar dish in Israel; and the announcement of solar projects in locations as far-flung as Central America, southeast Asia and Africa. And despite high prices driven by demand for silicon, the main ingredient in most solar panels, solar energy firms sported big gains in the stock market and in their quarterly earnings reports.
Perhaps the most dramatic developments in the global solar energy industry happened in the United States in 2006. The country that uses most of the world`s energy finally put its efforts behind a comprehensive renewable energy program as part of the Energy Policy Act of 2005, which took effect January 1, 2006. Though many individual states already had tax breaks for solar in place, the Energy Policy Act introduced the first federal solar tax credit, encouraging businesses and homeowners to put photovoltaic panels on their roofs and to start using the sun to heat their water.
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